IBRD Loan: US$4 million
Terms: Maturity = 25 years; Grace = 10 years
IDA Credit: US$21 Million equivalent
Terms: Maturity = 20 years; Grace = 10 years
Project ID: P116451
Project Description: The Second Development Policy Operation (DPO2) for Armenia aims to support the Government of Armenia meet two strategic objectives: (i) addressing vulnerability by protecting the poor and supporting greater human capital development; and (ii) strengthening competitiveness for sustained post-crisis growth.